Have you ever heard the saying about getting blood out of a turnip? You know that you can’t squeeze anything out of a turnip that isn’t there.
But there are businesses that try.
When something goes amiss, say a client doesn’t pay their bill; or a competitor infringes on a proprietary idea or product; or a vendor doesn’t produce quality or the service you desire, owners and management might consider filing a lawsuit or seeking damages. That’s the way the legal system works and those reasons may be justified and right.
But going to court and having a judge say you are right can be a huge mistake. If you are awarded a large settlement, it doesn’t matter – because if the other party has no money, [...]